MyBank ASA: Publisering av protokoll fra ekstraordinær generalforsamling | Company news | 2024-09-12 13:00:58 |
MyBank har i dag publisert protokoll fra ekstraordinær generalforsamling gjennomført 11. september 2024.
Samtlige punkter på agendaen ble vedtatt, herunder forslag om kapitalforhøyelse ved utstedelse av aksjer og utstedelse av tegningsretter.
Protokollen er publisert på bankens hjemmeside.
Banken planlegger å gjennomføre et informasjonsmøte for eksisterende aksjonærer om ny strategi. Informasjonsmøtet vil gjennomføres digitalt tirsdag 17. september kl. 13.00. Interesse kan sendes til caroline.stokke@mybank.no |
|
|
CrayoNano AS Market, Customer and Company Update | Company news | 2024-09-12 12:05:03 |
Trondheim, NorwaySept 12 2024Reference is made to the previous communication by CrayoNano AS ("CrayoNano" or the "Company") on NOTC (www.notc.no) relating to its private placement, AGM and subsequent repair offering in June July 2024 to raise short-term liquidity to pursue strategic opportunities.
The Company has been in a growth mode and operates in the UV-C LED component market, where products are primarily used in disinfection applications. CrayoNano has quarterly reported sales leads, design-in and revenue targets and announced through the website and social media design-wins and contracts in addition to insight into our backlog.
To date, CrayoNano is executing on the revenue plan with a backlog and accounts receivables according to previously presented sum of contracts. During the past few weeks, CrayoNano has experienced customer defaults on certain June/July shipments, partly due to customer non-payment and partly due to bankruptcy, leaving a payment shortfall.
Although these customers represent a subset of current frame contracts of the Company, these customers represent a substantial revenue and profit contribution to CrayoNano in the short term, and the non-payment from these customers has resulted in an immediate short-term liquidity situation. The company has sales liens in the products shipped to customers and have taken immediate action to pursue these payments with assistance of legal advisors. These processes do however at this point in time have unclear outcome with regard to the amounts which can be retrieved.
We also observe what we believe is a significant consolidation and contraction in the market for UV-C LED components, both in the supply-chain, with system integrators (CrayoNanos customers) and their end-customers. There has also been a significant price pressure from suppliers resulting in fewer-than-expected orders.
With this insight into the market and through our customer reach, the Board of Directors, management and advisors have worked extensively since June to achieve both short and long-term viable strategic alternatives. To control cost, the company has right-sized the organization, renegotiated contracts and optimized running costs.
The Board of Directors has renewed belief in the UV-C LED market as an attractive market with opportunities through continued investment in R&D and potential consolidation of suppliers and the supply-chain.
On the basis of a revised business plan with the market insight taken into consideration, the Company will reach out to its shareholders and other relevant stakeholders and continue to reach out to potential investors and partners to explore opportunities for the short and long-term liquidity needs in order to execute the revised business plan. The Company will update the market on the developments of the above-mentioned initiatives as soon as possible. It is highly uncertain if the above-mentioned activities will succeed and there is a risk that there is no basis for continued operation.
For further information, please contact:
Jo Uthus, Chairman, jo.uthus@crayonano.com Rune Rinnan, Vice-Chairman, rune.rinnan@ntechgroup.no Thomas Dobbertin, CEO, thomas.dobbertin@crayonano.com
About CrayoNano AS
CrayoNano develops and manufactures nanomaterials-based semiconductor components using proprietary technologies. Headquartered in Trondheim, Norway with a branch office in Taiwan, CrayoNano supports our customers with global sales representatives and distributors in EMEA, APAC and Americas. CrayoNanos innovative semiconductor components advance global solutions in health and safety, water purification, consumer, and industrial applications, and more. CrayoNano is registered on Euronext OTC in Norway under the ticker CNANO. |
https://crayonano.com/investors |
https://crayonano.com |
|
Fjerning av aksje: Soiltech AS (SOIL) | Corporate actions | 2024-09-10 16:45:21 |
Soiltech AS (ISIN:NO0010713571, ticker SOIL) er fjernet fra handelsstøttesystemet |
|
|
Castor Maritime Inc. Announces Vessel Acquisition | Company news | 2024-09-10 15:12:58 |
Castor Maritime Inc. Announces Vessel Acquisition
Limassol, Cyprus, September 10, 2024 Castor Maritime Inc. (NASDAQ: CTRM), (Castor or the Company), a diversified global shipping company, announces that on September 6, 2024, it entered, through a separate wholly-owned subsidiary, into an agreement to acquire a 2009-built 1,850 TEU containership vessel from an unaffiliated third-party for a purchase price of $16.49 million. The Company expects to finance the acquisition with cash on hand.
The acquisition is expected to be concluded by taking delivery of the vessel by October 2024 and is subject to the satisfaction of certain customary closing conditions.
Upon delivery, the vessel will be employed under a time charter contract with a duration of about four months at a gross daily rate of $29,000.
About Castor Maritime Inc.
Castor Maritime Inc. is an international provider of shipping transportation services through its ownership of oceangoing cargo vessels.
Following the completion of the above-mentioned vessel acquisition, Castor will own a fleet of 12 vessels, with an aggregate capacity of 0.9 million dwt, consisting of three Kamsarmax vessels, five Panamax dry bulk vessels, one Ultramax vessel, one 1,850 TEU containership vessel and two 2,700 TEU containership vessels.
For more information, please visit the Companys website at www.castormaritime.com. Information on our website does not constitute a part of this press release.
Cautionary Statement Regarding Forward-Looking Statements
Matters discussed in this press release may constitute forward-looking statements. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the Securities Act) and Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act). Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. We are including this cautionary statement in connection with this safe harbor legislation. The words believe, anticipate, intend, estimate, forecast, project, plan, potential, will, may, should, expect, pending and similar expressions identify forward-looking statements. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our managements examination of current or historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these forward-looking statements, including these expectations, beliefs or projections. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward‐looking statements include generally: the effects of the spin-off of our tanker business, our business strategy, expected capital spending and other plans and objectives for future operations, dry bulk and containership market conditions and trends, including volatility in charter rates (particularly for vessels employed in short-term time charters or index linked period time charters), factors affecting supply and demand, fluctuating vessel values, opportunities for the profitable operations of dry bulk and container vessels and the strength of world economies, changes in the size and composition of our fleet, our ability to realize the expected benefits from our past or future vessel acquisitions, our ability to realize the expected benefits of vessel acquisitions, increased transactions costs and other adverse effects (such as lost profit) due to any failure to consummate any sale of our vessels, our relationships with our current and future service providers and customers, including the ongoing performance of their obligations, dependence on their expertise, compliance with applicable laws, and any impacts on our reputation due to our association with them, our ability to borrow under existing or future debt agreements or to refinance our debt on favorable terms and our ability to comply with the covenants contained therein, in particular due to economic, financial or operational reasons, our continued ability to enter into time or voyage charters with existing and new customers and to re-charter our vessels upon the expiry of the existing charters, changes in our operating and capitalized expenses, including bunker prices, dry-docking, insurance costs, costs associated with regulatory compliance, and costs associated with climate change, our ability to fund future capital expenditures and investments in the acquisition and refurbishment of our vessels (including the amount and nature thereof and the timing of completion thereof, the delivery and commencement of operations dates, expected downtime and lost revenue), instances of off-hire, due to vessel upgrades and repairs, fluctuations in interest rates and currencies, including the value of the U.S. dollar relative to other currencies, any malfunction or disruption of information technology systems and networks that our operations rely on or any impact of a possible cybersecurity breach, existing or future disputes, proceedings or litigation, future sales of our securities in the public market and our ability to maintain compliance with applicable listing standards, volatility in our share price, including due to high volume transactions in our shares by retail investors, potential conflicts of interest involving affiliated entities and/or members of our board of directors, senior management and certain of our service providers that are related parties, general domestic and international political conditions or events, including armed conflicts such as the war in Ukraine and the conflict in the Middle East, acts of piracy or maritime aggression, such as recent maritime incidents involving vessels in and around the Red Sea, sanctions, trade wars, global public health threats and major outbreaks of disease, changes in seaborne and other transportation, including due to the maritime incidents in and around the Red Sea, fluctuating demand for dry bulk and container vessels and/or disruption of shipping routes due to accidents, political events, international sanctions, international hostilities and instability, piracy or acts of terrorism, changes in governmental rules and regulations or actions taken by regulatory authorities, including changes to environmental regulations applicable to the shipping industry, accidents, the impact of adverse weather and natural disasters and any other factors described in our filings with the SEC. The information set forth herein speaks only as of the date hereof, and we disclaim any intention or obligation to update any forward looking statements as a result of developments occurring after the date of this communication, except to the extent required by applicable law. New factors emerge from time to time, and it is not possible for us to predict all or any of these factors. Further, we cannot assess the impact of each such factor on our business or the extent to which any factor, or combination of factors, may cause actual results to be materially different from those contained in any forward-looking statement. Please see our filings with the Securities and Exchange Commission for a more complete discussion of these foregoing and other risks and uncertainties. These factors and the other risk factors described in this press release are not necessarily all of the important factors that could cause actual results or developments to differ materially from those expressed in any of our forward-looking statements. Given these uncertainties, investors are cautioned not to place undue reliance on such forward-looking statements.
CONTACT DETAILS
For further information please contact:
Petros Panagiotidis Castor Maritime Inc. Email: ir@castormaritime.com
Media Contact: Kevin Karlis Capital Link Email: castormaritime@capitallink.com |
http://castormaritime.com |
|
Castor Maritime Inc. Announces Results of its 2024 Annual General Meeting of Shareholders | Company news | 2024-09-09 15:09:48 |
Castor Maritime Inc. Announces Results of its 2024 Annual General Meeting of Shareholders
Limassol, Cyprus, September 9, 2024 Castor Maritime Inc. (NASDAQ: CTRM), (Castor or the Company), a diversified global shipping company, announces that the Companys 2024 Annual General Meeting of Shareholders (the Meeting) was duly held on September 6, 2024, at 6:00 p.m., local time, at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus.
At the Meeting, the following proposals were approved and adopted:
1. The re-election of Mr. Georgios Daskalakis to serve as the Companys Class A Director until the 2027 Annual General Meeting of Shareholders;
2. The appointment of Deloitte Certified Public Accountants S.A., as the Companys independent auditors for the fiscal year of 2024.
About Castor Maritime Inc.
Castor Maritime Inc. is an international provider of shipping transportation services through its ownership of oceangoing cargo vessels.
Castor owns a fleet of 11 vessels, with an aggregate capacity of 0.8 million dwt, currently consisting of three Kamsarmax dry bulk vessels, five Panamax dry bulk vessels, one Ultramax dry bulk vessel and two 2,700 TEU containership vessels.
For more information please visit the Companys website at www.castormaritime.com. Information on our website does not constitute a part of this press release.
CONTACT DETAILS
For further information please contact:
Petros Panagiotidis Castor Maritime Inc. Email: ir@castormaritime.com
Media Contact: Kevin Karlis Capital Link Email: castormaritime@capitallink.com |
http://castormaritime.com |
|
ETMAN, Q2-2024 | Company news | 2024-09-06 15:30:39 |
For nærmere informasjon kontakt CEO Jan Tore Skårland, jan.tore.skarland@etman.no Tlf. +47 951 30 596
For further information, please contact CEO Jan Tore Skårland, jan.tore.skarland@etman.no Tlf. +47 951 30 596 |
Q2 2024 NOR.pdf Q2 2024 ENG.pdf |
|
TORGHATTEN AQUA AS - TORG - HALVÅRSRAPPORT 2024 | Company news | 2024-09-06 14:56:54 |
TORGHATTEN AQUA AS - TORG - Halvårsrapport 2024 inkludert urevidert regnskap pr 30.06.2024 |
https://torghattenaqua.no/ TORGHATTEN AQUA AS - TORG - Halvårsrapport 2024.pdf |
|
Golar announces pricing of USD 300 million unsecured bond issue | Company news | 2024-09-05 22:10:01 |
Golar LNG Limited (the Company) has today successfully priced USD 300 million in senior unsecured bonds in the Nordic bond market. The bonds will mature in September 2029 and bear interest at 7.75% per annum. Net proceeds from the bond issue will be applied towards capital expenditure, refinancing of debt and general corporate purposes. An application will be made for the bonds to be listed on the Oslo Stock Exchange. DNB Markets and Pareto Securities acted as Global Coordinators and Joint Bookrunners, and Clarksons Securities and Fearnley Securities as Joint Bookrunners in the bond issue. About Golar Golar LNG is a NASDAQ listed maritime LNG infrastructure company. Through its 75-year history, the Company has pioneered maritime LNG infrastructure including the world's first Floating LNG liquefaction terminal (FLNG) and Floating Storage and Regasification Unit (FSRU) projects based on the conversion of existing LNG carriers. Today Golar is a focused FLNG company, and the only proven provider of FLNG as a service. Golar owns the worlds largest fleet of FLNG units by annual liquefaction capacity, with a market leading operational track record. FORWARD LOOKING STATEMENTS This press release contains forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended). All statements, other than statements of historical facts, that address activities and events that will, should, could or may occur in the future are forward-looking statements. Words such as may, could, should, would, expect, plan, anticipate, intend, forecast, believe, estimate, predict, propose, potential, continue, or the negative of these terms and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve many risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Golar LNG Limited undertakes no obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise, unless required by applicable law. Hamilton, Bermuda September 5, 2024 Investor Questions: +44 207 063 7900 Karl Fredrik Staubo - CEO Eduardo Maranhão - CFO Stuart Buchanan - Head of Investor Relations This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
|
|
|
Golar LNG Limited Fixed income investor meetings | Company news | 2024-09-02 07:30:02 |
Golar LNG Limited (Golar) has mandated DNB Markets and Pareto Securities as Global Coordinators and Joint Bookrunners, and Clarksons Securities and Fearnley Securities as Joint Bookrunners, to arrange a series of fixed income investor meetings commencing Monday 2 September 2024. A new USD denominated 5-year senior unsecured fixed rate bond issue may follow, subject to inter alia market conditions. The net proceeds from the contemplated bond issue are to be applied for capital expenditure and/or refinancing of debt and general corporate purposes. About Golar LNG Golar LNG is a NASDAQ listed maritime LNG infrastructure company. Through its 75-year history, the company has pioneered maritime LNG infrastructure including the world's first Floating LNG liquefaction terminal (FLNG) and Floating Storage and Regasification Unit (FSRU) projects based on the conversion of existing LNG carriers. Today Golar is a focused FLNG company, and the only proven provider of FLNG as a service. Golar owns the worlds largest fleet of FLNG units by annual liquefaction capacity, with a market leading operational track record. Forward-Looking Statements This press release contains forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended). All statements, other than statements of historical facts, that address activities and events that will, should, could or may occur in the future are forward-looking statements. Words such as may, could, should, would, expect, plan, anticipate, intend, forecast, believe, estimate, predict, propose, potential, continue, or the negative of these terms and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve many risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Golar LNG Limited undertakes no obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise, unless required by applicable law. Hamilton, Bermuda September 2, 2024 Investor Questions: +44 207 063 7900 Karl Fredrik Staubo - CEO Eduardo Maranhão - CFO Stuart Buchanan - Head of Investor Relations This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
|
|
|
CondAlign - Q2-2024 results | Company news | 2024-08-30 18:28:52 |
CondAlign - Q2-2024 results
Condaligns market traction in the market continues in the second quarter reaching +300 leads after a successful LOPEC conference in Munich in March. The feedback received continue to be consistently positive, often surpassing that of our competitors. As a result, we also see that we continue to grow the number of customers and we experience several inbound interest from new markets. This quarter we have also received high volume RFQs that we expect to increase steadily and be materialized throughout 2024 and onwards.
In May we signed a commercial agreement with Ynvisible Interactive Inc (Ynvisible). Through the collaboration with Ynvisible, CondAligns proprietary E-Align anisotropic, conductive film will be used to connect Ynvisibles displays to a wide range of electronic devices, unlocking new markets and applications. We are looking forward to working with Ynvisible to enable new, innovative, and sustainable products to the market. The first volume orders are expected from Q4 2024.
On Thermal Interface Materials (TIM) for electric vehicle batteries and electronics applications we continue to see a wider market potential for our products. The TIM market is expected to grow rapidly in the years to come and we see strong interest in the ongoing commercial discussions we have with different parties.
In June we received the official ISO9001 certificate, a major milestone for the company and an approval of the companys quality system for development and manufacturing of our products. ISO9001 certification is an important enabler for successful commercialization of our products and a statement to our global customers and partners.
Securing the growing interest with large scale production through a CMO is going according to plan, and large volume production with a European CMO is expected to be kicked off in the fall.
Financially, revenues for the second quarter of 2024 ended at NOK 0.2 million, up from NOK 0.0 million in the same period last year. EBITDA (included capitalized internal development cost) ended at NOK -2.4 million, up from NOK -4.0 million in 2023. At the end of the second quarter a private placement (the "Private Placement") was communicated, and it was completed in the beginning of the third quarter. The company raised gross proceeds of NOK 37.6 million, including conversion of existing debt of NOK 25.8 million. This funding, secures time for building of customer backlog and revenue as well as attracting strategic partners. |
https://www.condalign.no/ CondAlign AS - Financial Statements Q2-24.pdf |
https://www.condalign.no/investors |
|
INDEPENDENT OIL & RESOURCES PLC - IOTA - UNAUDITED FINANCIAL STATEMENTS 30.06.2024 | Company news | 2024-08-30 17:38:47 |
INDEPENDENT OIL & RESOURCES PLC - IOTA Interim Report - 30.06.2024 |
https://independentresources.eu/ IOTA-Unaudited FS-30062024.pdf |
|
MyBank ASA: Innkalling til ekstraordinær generalforsamling | Company news | 2024-08-28 19:15:24 |
Det innkalles herved til ekstraordinær generalforsamling i MyBank ASA den 11. september 2024 kl. 11:00.
Møtet avholdes elektronisk eller via varslet oppmøte. Aksjonærer som ønsker å delta kan sende en e-post til caroline.stokke@mybank.no for påmelding.
Innkallelsen er sendt til bankens aksjonærer, men kan også lastes ned fra bankens hjemmesider.
For mer informasjon, Rune Brunborg, styreleder, +47 977 78 316 |
|
|
SOIL: Extraordinary general meeting held | Company news | 2024-08-28 14:32:05 |
Sandnes, Norway, 28 August 2024
Reference is made to the announcement made on 13 August 2024 by Soiltech AS ("Soiltech", NOTC: SOIL and OSE: STECH) regarding the call for an extraordinary general meeting and the subsequent announcement issued on 23 August 2024.
Soiltech has today on 28 August 2024 held an extraordinary general meeting. All the proposed resolutions were resolved in accordance with the board's proposals. Minutes from the meeting is attached hereto and made available on www.soiltech.no.
About Soiltech
Soiltech is an innovative technology company specializing in the treatment, recycling and sustainable handling of contaminated water and solid waste at site. Our technologies enable cost savings and lower CO2 emissions through waste reduction, waste recovery and reuse.
Soiltech operates world-wide and is headquartered in Norway.
Contact:
Tove Vestlie, CFO, +47 90690648
Jan Erik Tveteraas, CEO, +47 95214925 |
https://soiltech.no/ Minutes of EGM 28.08.24.pdf |
|
PNO: Financial report for the second quarter of 2024 | Company news | 2024-08-28 12:06:10 |
Please find attached the Q2 2024 report of Petrolia NOCO AS.
For further queries contact:
Erik von Krogh, CFO +47 930 38 075 Email: evk@petrolia.no |
https://petrolianoco.no/ PNO Q2 2024 report.pdf |
|
SOIL: Soiltech and Oceanteam - Key information regarding the merger and listing on Euronext Expand | Company news | 2024-08-27 16:01:37 |
JOINT PRESS RELEASE
Sandnes and Lysaker, Norway 27 August 2024:
Reference is made to the joint stock exchange announcement on 30 May 2024 by Soiltech AS ("Soiltech" or the "Company", Ticker - OSE: STECH and NOTC: SOIL), which will be converted to a public company (Nw.: "Allmennaksjeselskap") expected to occur after close of trading on 10 September 2024, and Oceanteam ASA ("OTS", Ticker - OSE: OTS) regarding the combination of the two companies (the "Merger") and subsequent listing on Euronext Expand of the combined company (the "Listing"), as well as the respective announcements on 3 June 2024 and 4 July 2024 regarding the execution of the definitive merger agreement and approval by the extraordinary general meetings in the companies. Reference is also made to the subsequent announcements made on the STECH ticker concerning the Listing.
The conditions for completion of the Merger regarding creditor notification without objections and approval of the Listing by the OSE have now been satisfied and the condition regarding election of a representative nominated by OTS on the board of directors of STECH is expected to be satisfied tomorrow 28 August 2024. However, completion of the Merger is still conditional upon satisfaction of the conditions set by the OSE for completion of the Listing and certain other customary conditions. Expected key dates and information for the completion of the Merger and the Listing are as follows:
Last day of trading in OTS shares (and the last day of trading inclusive of the right to Merger consideration) on the OSE: 10 September 2024
Effective date for completion of the Merger: 10 September 2024 (after close of trade)
First day of trading in the shares of the combined company on the OSE: 11 September 2024
Record date for the delivery of consideration shares to former OTS shareholders: 12 September 2024
Delivery of consideration shares to former OTS shareholders: 13 September 2024
ISIN (Soiltech, unchanged): NO 001 0713571
Transferor company | Oceanteam ASA
Transferee company | Soiltech AS, with consideration shares issued by Soiltech AS
Merger consideration: OTS shareholders will for each OTS share held per the record date receive 0.01543 shares in Soiltech.
For further information on the Merger and the complete terms and conditions for the Merger, please see the merger plan for the Merger available on www.soiltech.no and www.oceanteam.nl.
For more information, contact:
Soiltech AS Tove Vestlie, CFO Telephone: (+47) 90 69 06 48 Email: tove.vestlie@soiltech.no
Soiltech AS Jan Erik Tveteraas, CEO Telephone: (+47) 95 21 49 25 Email: jan.erik.tveteraas@soiltech.no
Oceanteam ASA Michael Timson, CEO Telephone: (+47) 55 10 82 40 Email: info@oceanteam.no
Disclosure: This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. |
https://soiltech.no/ |
|
Ekstraordinær Generalforsamling | Company news | 2024-08-27 09:39:38 |
Det innkalles herved til ekstraordinær generalforsamling i Selskapet onsdag 4. september 2024 kl. 10:00.
Generalforsamlingen vil bli avholdt virtuelt. Aksjonærer som ønsker å delta vil få tilsendt en link fra forretningsfører.
Selskapet vil avvikles i ila. inneværende år. |
Innkalling XOGF TCC September 2024.pdf |
|
CondAlign AS signs multi-million distribution agreement with industry leader Tapecon Inc. to penetrate the North American market | Company news | 2024-08-26 17:00:05 |
CondAlign is pleased to announce the distribution agreement with Tapecon Inc (Tapecon). Through the converting, distribution and reseller agreement, Tapecon will take on the role as Value-Added Reseller (VAR) for CondAligns cutting-edge electrically conductive E-Align products in the US and Canadian markets.
This collaboration marks a significant milestone for CondAlign in the commercialization of its groundbreaking offerings and preparation for its North American market penetration. CondAligns E-Align products leverage CondAligns proprietary technology, enabling seamless electronic connectivity. Deliveries to Tapecon will commence with pilot series and initial commercial supply in 2024, with projected growth to an annual revenue exceeding NOK 20 million by 2026.
The need for new sustainable and cost-efficient solutions in booming sectors such as IoT, smart cards, and medical devices has never been greater. CondAligns E-Align products are set to meet the demand for new innovative solutions to enable growth in these key areas of modern industry. Tapecon, with its century-long history of delivering custom converting, printing, and advanced manufacturing services to OEMs across medical, electronic, and industrial markets, is the ideal partner to champion this product range in North America.
It is an honor to have Tapecon as our North American representative. With their proven track record and substantial market presence, they strategically position CondAlign for accelerated expansion in one of the worlds most important markets, says Harald Breivik, CEO of CondAlign. This collaboration represents a powerful synergy, and we are proud to see our E-Align products play a pivotal role in driving forward the next generation of electronic products.
"We are thrilled to partner with CondAlign and bring their innovative E-Align products to the North American market. This collaboration aligns perfectly with our commitment to delivering cutting-edge solutions to our customers. We look forward to driving the growth of these groundbreaking products in the IoT, smart cards, and medical devices sectors," says Steven Davis, President of Tapecon.
This partnership is a testament to CondAligns commitment to scaling its innovative technology globally, setting the stage for remarkable growth and industry disruption in the years to come.
About CondAlign: CondAlign is a Norwegian deep tech company that develop, manufacture, and sell groundbreaking anisotropic conductive films (electrical and thermal) for the electronics and automotive industry to connect electronics and/or transferring heat. CondAlign is registered at Euronext NOTC.
About Tapecon Inc. Tapecon, established in 1919 and based in Buffalo, NY, is a 5th-generation, family-owned leader in healthcare and life sciences products. They specialize in printing, converting, flexible hybrid electronics, and manufacturing disposable devices for medical and industrial markets.
For more information, please contact:
Harald Wahl Breivik CEO CondAlign AS Tel: +47 976 33 815 harald.breivik@condalign.no |
https://www.condalign.no/ CondAlign_Tapecon_Press Release_Aug 26th 2024.pdf |
https://www.condalign.no/investors |
|
Soil: EGM 28.08.2024 Call for meeting Election of Nomination Committee | Company news | 2024-08-23 14:00:20 |
Reference is made to the upcoming EGM 28.08.2024 - Call for meeting, Item 7 Nomination Committee, Election of members. Further reference is made to the NUES recommendation that the nomination committee should be selected to take into account the general shareholder interests and be composed of members independent of the board and management, the board propose that the Nomination Committee shall consist of Øivind Thorstensen as Chairman and Kristian Falnes as member. Øivind Thorstensen has extensive experience from the financial sector and is currently a Portfolio Manager at Kraft Fondene. He founded and established Kraft Høyrente, Kraft Nordic Bonds and Kraft Investment Grade. Previously, he worked as a CIO/Portfolio Manager at Heimdal Forvaltning AS. From 2009 to 2016, he worked on an investment desk at Investment Bank Plc in London, where his mandate included any type of investment within debt or equity instruments. Kristian Falnes has extensive experience from the financial sector, including as a financial analyst at SR-Fonds and a portfolio manager at Laerdal Finans, before he started as a portfolio manager at SKAGEN in 1997. In the period from 2007 to 2011, he was also investment director at SKAGEN. Falnes left SKAGEN in 2014 and is now a private investor. He previously sat on the board of Fjord Line, Instabank ASA and DOF ASA. Falnes has a master's in finance from BI and is an authorized financial analyst from NHH. With respect to agenda item 7.3 "Members of the committee", the board therefore proposes that the general meeting makes the following resolution: With effect from completion of the ASA-conversion and merger, Øivind Thorstensen is elected as Chairman and Kristian Falnes is elected as a member of the Nomination Committee.
For further information, please contact:
Tove Vestlie, CFO, +47 90690648 Jan Erik Tveteraas, CEO, +47 95214925 |
https://soiltech.no/ |
|
JACK: Jacktel Interim Report Q2 2024 | Company news | 2024-08-23 07:30:42 |
Haven delivered 100% gangway connection to the client in the second quarter with no serious incidents. Early July, the vessel was demobilised from Tyra and towed to the Westcon yard in Ølen to be prepared for the Draupner contract commencing Q4, 2024 and the Valhall contract commencing in Q2, 2026.
The operating income for Q2 amounted to 8.7 MUSD. Operating expenses equaled 4.9 MUSD. This resulted in an EBITDA of 3.8 MUSD and an operating profit of 0.8 MUSD. Net financial items for the second quarter equaled 2.2 MUSD. Net loss for the second quarter equaled 1.4 MUSD.
For further information, please contact:
Bjørn Eie Henriksen, CEO, Macro Offshore Tel: +47 94 13 04 32 bjorn.henriksen@macro-offshore.com
or
Daniel Samuelsen CFO, Macro Offshore Tel: +47 91 75 83 01 daniel.samuelsen@macro-offshore.com |
Jacktel - Interim Report Q2 2024.pdf |
|
Victoria Eiendom - regnskap 1. halvår 2024 | Company news | 2024-08-21 16:44:21 |
Victoria Eiendoms resultat før skattekostnad for 1. halvår 2024 er kr 428,7 mill., ned fra kr 443,4 mill. per 1.halvår 2023. Nedgangen skyldes bortfall av salgsgevinster, samt økte finanskostnader og negativ verdiendring på markedsbaserte aksjer, mens resultatforbedring i det tilknyttede selskapet Pandox, drevet av positiv underliggende resultatutvikling i perioden samt positive verdiutvikling på selskapets eiendommer og derivater trekker i positiv retning.
Resultat før skatt fra den underliggende virksomheten i Victoria Eiendom ekskl. Eiendomsspar var kr 224,3 mill. per 1. halvår 2024, mot kr 169,8 mill. for tilsvarende periode i 2023. Økningen i resultatet forklares hovedsakelig av økt utbytte fra Eiendomsspar, samt økte leieinntekter. |
Victoria Eiendom - delårsrapport januar - juni 2024.pdf |
|